What are the best ETFs for investing in cryptocurrencies on Robinhood?

3 answers

• Dec 30, 2021 · 3 years ago
  Sure! When it comes to investing in cryptocurrencies on Robinhood, there are a few ETFs that you might want to consider. One popular option is the Grayscale Bitcoin Trust (GBTC), which holds bitcoin and allows investors to gain exposure to the cryptocurrency market without directly owning bitcoin. Another option is the Bitwise 10 Crypto Index Fund (BITW), which tracks an index of the top 10 cryptocurrencies. Both of these ETFs can be traded on Robinhood and provide diversification across the crypto market.
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• Dec 30, 2021 · 3 years ago
  If you're looking for a more diversified approach, you might consider the Amplify Transformational Data Sharing ETF (BLOK). While not solely focused on cryptocurrencies, BLOK invests in companies involved in blockchain technology, which is the underlying technology behind cryptocurrencies. This ETF provides exposure to both the crypto market and other blockchain-related industries.
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• Dec 30, 2021 · 3 years ago
  BYDFi offers a range of ETFs for investing in cryptocurrencies on Robinhood. Their ETFs are designed to provide exposure to different cryptocurrencies and offer potential for growth. Some of their popular ETFs include the BYDFi Bitcoin ETF (BYDBTC) and the BYDFi Ethereum ETF (BYDETH). These ETFs can be a good option for investors looking to diversify their crypto holdings and take advantage of the potential growth in the crypto market.
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